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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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George Gilder tells investors: Adopt BSV, bet on the blockchain with Satoshi
21 Oct 2021 09:00 George Gilder praised BSV in a presentation at the Six Predictions Summit, pointing out the key reasons why investors should adopt BSV as the solution to today's crises in the economic and technological worlds. [...]
Influential Hindu group asks Indian gov’t to regulate digital currencies The right-wing group has urged the Modi government to police streaming platforms like Netflix and digital currencies for the larger good of the society. [...]
Japan’s digital yen to prioritize simplicity and interoperability Japan’s central bank will uphold simplicity in its design of a CBDC, with a senior official saying this is key in making it interoperable with payment systems. [...]
BTC wallets of liquidated South Africa exchange iCE3 have $3.3M discrepancy: report iCE3 went into liquidation in April, but according to a new report, there’s a discrepancy of 54 BTC, worth $3.3 million, as well as other digital currencies. [...]
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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